Well, as metioned in my comment, it is the Swingline Indicator. And the link to it is right in your message. I applied it 3x to the chart. Dotted line....next higher TF, Blue/yellow line.... 2TF's higher and Dashed line... 3TF's higher.
Here is my altered version which can be set to plot the MTF's automatically for every current TF.
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Re: MT4 Trading Systems (Old or new!) Please post here
RplusT, Sat Dec 21, 2019 2:20 pm